Tag: Investment
LS Eco Advanced Cables Ltd. (LSEAC) has launched a five-week public consultation on their proposals to develop a high voltage cable production facility at the Port of Tyne, for under-sea electricity transmission – designed to transport clean energy generated by offshore wind onto UK shores. While plans are at an early stage and still being […]
New state-of-the-art gigafactory ignites growth in industrial heartlands, supporting 1,000 jobs and powering up 100,000 electric vehicles a year. Working people will benefit from 1,000 jobs at a new state-of-the-art gigafactory in Sunderland in a £1 billion auto deal to accelerate the transition to electric vehicles and boost growth. This investment is another boost for […]
Public sector is being primed to bring innovative ideas out of government labs and onto the market with £30 million backing and new guidance. Four innovative UK hubs across Merseyside, East Anglia, the Midlands, and Northeast England will get fresh backing to grow more ‘spinouts’, innovative new businesses created from within research institutions. In turn […]
A leading global provider of heavy-duty marine engineering solutions has set up a new base in South Tyneside. US-based Bardex – which specialises in heavy lifting, transfer, and mooring equipment for the shipbuilding and repair and offshore sectors – appointed former Port of Tyne Commercial Director, Ian Finch as Director of Business Development to head […]
Arriva Group announced today an order for nine cutting-edge battery hybrid trains to replace its entire Grand Central fleet, providing a major boost to regional economies and offering passengers more comfortable, greener travel options. The order for 45 Hitachi Rail ‘tri-mode’ cars, which have the flexibility to run on electrified and non-electrified tracks, along with […]
Caddick Construction is expanding its North East presence with the launch of its first office in the region. The company has opened its 2,045 sq ft office at Adelaide House at Belmont Business Park in Durham. To mark the opening, the team was joined by Caddick Group founder and chairman, Paul Caddick MBE, who launched […]
Planning and environmental consultancy Axis is celebrating 25 years in business with an exciting expansion into North East England, opening a new office in Hoults Yard in the heart of Newcastle. The move strengthens Axis’ presence across the UK, creating new opportunities for collaboration, recruitment, and sector growth. Established in 2000, Axis has a strong […]
A major cargo development at Newcastle International Airport is set to create thousands of jobs and inject up to £165 million into the North East economy each year, bosses have said. The 750,000sq ft site, now officially named AirLink, will serve as a hub for cargo operators, freight forwarders and ground handling agents. Officials say […]